Enter Your Saving
You probably have savings such as 401K or IRA. We also need the expected return on your investment. We apply some defaults for you. These numbers are already in the Simulator. You can change them if you want.
Will your Money last?
That is the question may anxious people close to retirement are asking. Our retirement calculator simulator can help you plan out a workable retirement plan and hopefully give you peace of mind.
Run our Free Simulator
In 1 minute you can have the answer!
If you know your 401K/IRA value, your monthly Social Security and your monthly expenses you're ready to go!
Having trouble estimating your inputs? Check out our Helpful Information
Yep this is all you need
Enter your Social Security
We need your Social Security Gross monthly amount. You can get your estimate here:
Retirement Estimator
Just enter the numbers for this tool in the simulator.
Enter Total Monthly Expenses
Add up your monthly expenses including spending money, food, utilities and housing. To start out you could just plug in your net monthly pay from you job and refine it later.
It's So Easy
You replace the 0 on the first 3 boxes with your numbers; The amount in your IRA/401K, your expects Social Security monthly gross amount and your monthly expenses during retirement. Then you click Calculate. That's it! You can leave the other boxes as is.
You can make changes to the numbers including the defaulted numbers and click Calculate again. You can try as many "what if" scenarios as you need.
Sample Results
The Simulator calculates to probability of running out of money before the "term" ends. It also shows the probablity of having money in your IRA at the end of the "term".
The Average return and expected returns can be confusing. The average return only includes the cycles where you made money. The expected returns includes all cycles, even iterations when you ran out of money.